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Business Observer | Business Observer

    By
  • Louis Llovio
  • May 14, 2024
390-apartment community coming to Tampa's Gasworx

A Chicago investment firm is partnering with local developers to build the multifamily community in the new development between downtown Tampa and Ybor City.

  • Tampa Bay-Lakeland
    By
  • Elizabeth King
  • May 14, 2024
Sarasota business owner sent to prison for real estate fraud

Jose “Jay” Manuel Santiago, who owned Santiago & Sons Construction in Sarasota and was an HOA president, is involved in two separate fraud cases.

  • Manatee-Sarasota
    By
  • Mark Gordon
  • May 14, 2024
Grocery chain Detwiler's to build large distribution center in Manatee County

Detwiler’s Farm Market, a family-owned and -operated grocery chain, has broken ground on a warehouse and distribution center at Florida International Tradeport.

  • Manatee-Sarasota
    By
  • Carter Weinhofer
  • May 13, 2024
Tidewell Foundation property on Longboat Key to list for $3M

Empath Health, the parent company for the Tidewell Foundation and Tidewell Hospice, announced the listing on May 13 but says the company is committed to continuing partnerships with the Longboat Key community.

  • Manatee-Sarasota
    By
  • Elizabeth King
  • May 13, 2024
Luxury island hotel accepting reservations ahead of opening

Although St. Regis Longboat Key may not be open yet, people can make their reservations now.

  • Manatee-Sarasota
    By
  • Louis Llovio
  • May 13, 2024
$38 million in financing for Bradenton rehab hospital

The hospital on 53rd Avenue West will be run by Nobis Rehabilitation Partners.

  • Manatee-Sarasota
    By
  • Mark Gordon
  • May 13, 2024
Fort Myers attorney named chair of firm’s business litigation department

Scott Beatty has been with Henderson, Franklin for more than 20 years.

  • Charlotte–Lee–Collier
    By
  • Elizabeth King
  • May 13, 2024
Sarasota mall redevelopment, including 848 apartments, inches forward

The city's planning board granted an approval that marks one step toward revitalizing the former Southgate Mall site.

  • Manatee-Sarasota
    By
  • Mark Gordon
  • May 13, 2024
Report: Sarasota industrial space vacancy rates reach 8-year high

The Sarasota and Fort Myers industrial space markets, long a rising star in commercial real estate, have begun to slide backward, according to a new report looking at 2024 first quarter data.

  • Manatee-Sarasota
    By
  • Louis Llovio
  • May 12, 2024
Tampa apartment owner pays $134 million for waterfront complex

In the week's top commercial real estate news, a credit union moves into a former Venice insurance office, a restaurant chain looks for space in Tampa, and a luxury Naples car dealer gets a new store.

  • Florida
    By
  • Louis Llovio
  • May 11, 2024
Tampa Bay Rays make a last stand, with future now up to St. Pete City Council

As St. Petersburg's governing body takes up a $6 billion team-led redevelopment with a stadium, the Rays president says a move — out of Tampa Bay — remains possible without an agreement.

  • Tampa Bay-Lakeland
    By
  • Mark Gordon
  • May 10, 2024
Breeze Airways begins new routes from Tampa to South Carolina

Breeze Airways has been rapidly expanding its Florida route network.

  • Tampa Bay-Lakeland
    By
  • Mark Gordon
  • May 10, 2024
$73M water, wastewater nonprofit in Lee County names new leader

New Bonita Springs Utilities Executive Director Andy Koebel has been with Bonita Springs Utilities for over a decade.

  • Charlotte–Lee–Collier
    By
  • Mark Gordon
  • May 9, 2024
Paul Fleming Restaurant Group opens second diner location in Naples

The second Lake Park Diner location in Naples, this one in Founder Square, is now open.

  • Charlotte–Lee–Collier
    By
  • Louis Llovio
  • May 9, 2024
Mortgage investor moves HQ to Tampa from New Jersey

Roemanu, which originates and invests in business purpose mortgages in the U.S. and U.K., will have its joint headquarters with a subsidiary in the city while keeping a presence in New Jersey.

  • Tampa Bay-Lakeland
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